Corporate Headquarters

Environmental Business Cluster

2 North First St. 4th Floor

San Jose, CA 95113

Southern California

John Sokol - CEO/CTO

(916) 704-7676

Northern California

Harrison Rose – Chairman

(650) 386-5300

September 21, 2005

Nisvara’s Original Founders Elected New Management

September 17, 2005, Santa Clara, CA: Nisvara Inc., a closely held California successfully held a Special Shareholder Meeting to elect a new Board of Directors to manage Nisvara’s corporate affairs. A quorum of more than 50% of the outstanding shares was present. In addition, an independent Inspector of the Vote was present to verify and validate the share holding and how each share was voted. The newly elected members of the Board of Directors are the three original founders: Silicon Valley based Harrison Rose; Los Angeles area based John Sokol; and Vancouver, Canada based Jonathan Walther.

Immediately following the Shareholder Meeting, the newly elected Board of Directors met and elected the Officers of the Corporation, and conducted some additional Nisvara business. The new officers are:

à Chairman of the Board – Harrison Rose;

à Corporate Treasurer – Harrison Rose;

à Corporate Secretary – Harrison Rose;

à Chief Executive Officer and President – John Sokol; and

à Chief Technology Officer– John Sokol.

Under the new management, the company will continue to conduct its business in developing and producing system level conductive solutions to extract heat from systems. The company is seeking OEM server partners for a demonstration of the energy savings to be had by Nisvara’s electronic cooling technologies. The Northern California office shall be run from the official Nisvara headquarters by Harrison Rose, and the Southern California branch office will be run by John Sokol.